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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed...

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition to d...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Read Planqc secures €50 million in equity financing
Planqc secures €50 million in equity financing
July 10, 2024

Planqc secures €50 million in equity financing

Germany / Deutschland

German quantum computing startup Planqc which makes neural atom-based quantum computers, has secured €50 million ($54m) in equity financing in a  Series A investment, led by the European Family Office Catron Holding and the DeepTech & Climate Fonds (DTCF).Alexander Glätzle, CEO and co-foun...

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Read Ovzon launches services from debut geostationary (GEO) broadband satellite
Ovzon launches services from debut geostationary (GEO) broadband satellite
July 09, 2024

Ovzon launches services from debut geostationary (GEO) broadband satellite

France

Swedish satellite communications firm Ovzon has launched services from its debut geostationary (GEO) broadband satellite. “Ovzon’s proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc,” the company said recently. “After a few weeks of final in-orbit testing, ...

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Read CyrusOne secures billion dollar credit facility for data center expansion
CyrusOne secures billion dollar credit facility for data center expansion
July 09, 2024

CyrusOne secures billion dollar credit facility for data center expansion

CyrusOne

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

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Read Start Campus names new CEO after corruption scandal
Start Campus names new CEO after corruption scandal
July 09, 2024

Start Campus names new CEO after corruption scandal

Portugal

Portuguese data center company Start Campus has appointed Robert Dunn as chief executive officer, effective immediately, after the previous one was arrested in a corruption scandal that saw the country’s prime minister ousted.Dunn said: “I am excited to continue leading Start Campus as CEO at ...

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Read Storj acquires AI compute provider Valdi
Storj acquires AI compute provider Valdi
July 09, 2024

Storj acquires AI compute provider Valdi

Asia-Pacific (APAC)

Cloud storage company Storj has acquired Valdi, an artificial intelligence (AI) compute provider, adding AI capabilities to its cloud storage offering with Valdi's GPUs through the process.Storj's chief revenue officer Colby Winegar said: “Today’s enterprises demand new high-performance soluti...

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Read InfiniG deploys in-building mobile coverage in Florida
InfiniG deploys in-building mobile coverage in Florida
July 09, 2024

InfiniG deploys in-building mobile coverage in Florida

Miami

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

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Read Goldman Sachs reports $1trn spends on utility upgrades with little to show for it
Goldman Sachs reports $1trn spends on utility upgrades with little to show for it
July 09, 2024

Goldman Sachs reports $1trn spends on utility upgrades with little to show for it

United States

A research newsletter from Goldman Sachs has warned that large tech companies have ramped up capital expenditure to fuel generative AI development which will ramp up to around $1 trillion will be spent over the next few years, but have yet to show sustainable business models."So, the crucial q...

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Read ESR to sell land acquired for data center in Sydney, Australia
ESR to sell land acquired for data center in Sydney, Australia
July 08, 2024

ESR to sell land acquired for data center in Sydney, Australia

Australia

Industrial real estate firm ESR  is looking to sell 1.5 hectares at 44-50 Waterloo Rd, which it acquired in 2021 from an AMP Capital fund for AU$71m, and had been earmarked for a data center development. The parcel is currently home to two office and industrial buildings partly occupied by Mac...

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Read Siyata Mobile to invest in Canadian Towers & Fiber Optics
Siyata Mobile to invest in Canadian Towers & Fiber Optics
July 08, 2024

Siyata Mobile to invest in Canadian Towers & Fiber Optics

México

Siyata Mobile has announced that it will be investing in Canadian Towers & Fiber Optics Inc. (CT&FO), a company that specializes in developing telecoms infrastructure in Mexico. It will be purchasing an aggregate of 130,000 common shares, at a purchase price of $8.00 per share, for an ...

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Read CTA calls for stricter measures against copper theft
CTA calls for stricter measures against copper theft
July 08, 2024

CTA calls for stricter measures against copper theft

Canada

The Canadian Telecommunications Association (CTA) has called for tougher measures to deter the theft of copper cables as related crimes have increased by an estimated 200% each year from 2021 to 2023.“It’s something we’ve seen over the past couple of years, quite a substantial increase in inst...

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Read Busamed migrates to private cloud environment with DataCentrix
Busamed migrates to private cloud environment with DataCentrix
July 06, 2024

Busamed migrates to private cloud environment with DataCentrix

South Africa

Private South African hospital group Busamed has migrated to a private cloud environment with Datacentrix, consolidating seven on-premise data centers into a single central environment.“Due to our acquisitions, the organization had not only attained new businesses but had inherited the technol...

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Read Dutch telcos secure additional 5G spectrum at an auction
Dutch telcos secure additional 5G spectrum at an auction
July 06, 2024

Dutch telcos secure additional 5G spectrum at an auction

Netherlands

Dutch telcos, KPN, Odido, and VodafoneZiggo all secured 100 MHz of spectrum in the 3.5GHz band during the country's latest auction this week which raised €174.4 million.“Companies and consumers have been waiting for this moment for a long time. Meanwhile, the demand for data is growing rapidly...

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Read GlobalFoundries acquires Tagore Technology’s GaN IP portfolio
GlobalFoundries acquires Tagore Technology’s GaN IP portfolio
July 06, 2024

GlobalFoundries acquires Tagore Technology’s GaN IP portfolio

United States

Chipmaker GlobalFoundries (GF) has acquired a gallium nitride (GaN) IP portfolio from Tagore Technology, a fabless chip company that develops gallium nitride-on-silicon (GaN-on-Si) semiconductor technology for radio frequency and power management applications.“We are committed to being the fou...

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Read AWS partners with Australian government for high-security data center development
AWS partners with Australian government for high-security data center development
July 06, 2024

AWS partners with Australian government for high-security data center development

Amazon AWS

Amazon has partnered with the Australian government for the development of a high-security data center that will handle top-secret information with an investment of A$2 billion to be made over the next decade. Due to the "top secret" nature of the project, neither the location nor the specific...

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Read ADNOC partners with e& for private 5G wireless networks
ADNOC partners with e& for private 5G wireless networks
July 06, 2024

ADNOC partners with e& for private 5G wireless networks

Abu Dhabi

The Abu Dhabi National Oil Company (ADNOC) has paired with telco e& to build a private 5G wireless network that spans 11,000 square kilometers which will be the largest private 5G wireless network ever built in the energy industry.“This landmark project with e& is a milestone step in A...

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Read Pacific Avenue Capital Partners acquires KiddeFenwal
Pacific Avenue Capital Partners acquires KiddeFenwal
July 05, 2024

Pacific Avenue Capital Partners acquires KiddeFenwal

Europe

Private equity firm Pacific Avenue Capital Partners, a middle market-focused private equity firm specializing in carve-outs and complex situations, has acquired fire suppression company KiddeFenwal.“With its enviable product portfolio, established brand equity, and strong customer relationship...

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Read CCEP selects Systal Technology Solutions for network transformation
CCEP selects Systal Technology Solutions for network transformation
July 05, 2024

CCEP selects Systal Technology Solutions for network transformation

Europe

Coca-Cola Europacific Partners (CCEP) has partnered with Systal Technology Solutions for its network transformation across Europe, supporting more than 6,500 devices in 300 locations across 11 countries for CCEP.“We are thrilled to officially go live with our direct service as CCEP’s trusted t...

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Read Ericsson to book impairment charge for Vonage acquisition
Ericsson to book impairment charge for Vonage acquisition
July 05, 2024

Ericsson to book impairment charge for Vonage acquisition

Equinix

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

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Read Phaidra raises funds for data center cooling control system
Phaidra raises funds for data center cooling control system
July 05, 2024

Phaidra raises funds for data center cooling control system

Seattle

Industrial AI company Phaidra has raised $12 million for its data center cooling control system  from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...

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Read TotalEnergies unveils Pangea 4 hybrid supercomputer
TotalEnergies unveils Pangea 4 hybrid supercomputer
July 05, 2024

TotalEnergies unveils Pangea 4 hybrid supercomputer

France

Energy company TotalEnergies has unveiled the latest generation of its Pangea supercomputer, housed at the Jean Féger Scientific and Technical Center at Pau in southwest France. The Pangea 4 system is smaller and more energy efficient than the Pangea II, using 87 percent less electricity than ...

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